18 months? Great!
The relevance of 2019 EPS is that when things get relatively "back to normal", perhaps the company's earnings will return to somewhere around previous levels.....
In other words, why shouldn't the MC return to somewhere near its previous level?
In other words, if that happens, even if it takes 2 or 3 years to get there, $7.20 per share now provides ample risked upside and significant avg annual returns, imo!
18 months? Even better!
...and if it happens to trade below $7.20 in the meantime, then even better again!
Equity raise process, page-18
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Last
$22.56 |
Change
0.610(2.78%) |
Mkt cap ! $4.986B | |||
| Open | High | Low | Value | Volume |
| $22.20 | $22.61 | $21.97 | $28.02M | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2440 | $22.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.57 | 8445 | 4 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |